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Cristiano Ronaldo is joining Juventus after the Italian club agreed a €100m (£88.3m) fee for the Portugal forward with Real Madrid.

The 33-year-old is ready for a new challenge after nine years at Real Madrid and asked the La Liga club to let him go. The player and his agent, Jorge Mendes, met the Juventus chairman, Andrea Agnelli, in Greece on Tuesday to discuss the final details of the deal.

Transfer window 2018 – every summer deal from Europe’s top five leagues

Ronaldo is signing a four-year contract with an annual salary of around €30m. In Italy clubs have to pay the same amount in tax, which takes the total cost of the transfer to €340m (€100m transfer fee plus €240m in salary and taxes).

“I only have feelings of enormous gratitude for this club and for this city,” Ronaldo wrote in an open letter to Real Madrid fans. “I have had nine absolutely wonderful years at the club.

“Real Madrid has conquered my heart, and that of my family, and that is why more than ever I want to say thank you: thank you to the club, the president, the directors, my colleagues, all the staff, doctors, physios and incredible people that make everything work.”

He finished his letter by saying: “Thanks to everyone and, of course, as I said that first time in our stadium nine years ago: Hala Madrid!”

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